China tried hard to ease trade tensions; Trump had other ideas

Beijing’s fruitless diplomatic scramble signals a rocky road ahead for the world’s two largest economies. Before Thursday’s meeting, Mr. Liu held a small round-table discussion with U.S. business executives. Jacob Parker, vice president of China operations at the U.S.-China Business Council, said the message from U.S. CEOs to Mr. Liu was, “Business is losing confidence in China’s policy direction.”